556 1st St

This Property At A Glance

Condo Building

This is a Condo Building.

In 2nd Street - Madison Street

556 1st St is located in 2nd Street - Madison Street, a neighborhood in Other.

556 1st St is a 4-floor Condo Building in Hoboken's 2nd Street - Madison Street. The building was built in 1986 and has 7,551 square feet of living space.

As for the demographics around 556 1st St, the median age is 32, 31% of residents are married, and 5% of residents have at least one child. The median individual full-time income is about $71,022 and about 50% of adults here have a bachelor's degree or higher.

This address is zoned for Hoboken School District, which is rated above average overall. You can see individual ratings and program information on nearby schools like Salvatore R. Calabro, No. 4 Elementary School, Hoboken High School, and Hoboken High School in the report below.

Regarding weather, the average summer temperature is 76.5°F, while the average winter temperature is 32.6°F. The average annual rainfall is 46.1 inches and the average annual snowfall is 25.8 inches.

Building

Building Type
Condo
Floor Count
4
Build Year
1986
Building SQFT
7,551

Financial

Value Estimate*

$494,250
$296,550
$691,950
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

75% higher than the national average

Housing costs

78% higher than the national average

Food & Beverage costs

64% higher than the national average

Transportation costs

61% higher than the national average

Apparel costs

79% higher than the national average

Entertainment costs

77% higher than the national average

Utility costs

58% higher than the national average

Healthcare costs

57% higher than the national average

Insurance costs

106% higher than the national average

Tobacco costs

30% higher than the national average

Income

The median household income in this area is
$111,095
Per year
The median full-time individual income in this area is
$71,022
Per year

Rent vs. Own

The percent of households occupied by renters is
70%
The percent of households occupied by owners is
29%

Tax Information

The sales tax rate in this area is
7.0%
The average annual property tax in this area is
$6,663

Transportation

Commute Stats

The common time to leave for work in this neighborhood is
8:00 AM to 8:29 AM
The most common way to commute in this neighborhood is
Drove alone
The percent of households with at least one car in this area is
64%

Your Commute Times

School

School District

This property is zoned for
HOBOKEN SCHOOL DISTRICT
This school district has
6
schools
There are
1,945
students enrolled in this district

Elementary Schools Near

THOMAS G CONNORS
0.1 mile away
SALVATORE R. CALABRO, NO. 4 ELEMENTARY SCHOOL
0.5 mile away
JOSEPH F BRANDT NO 2
0.8 mile away
WALLACE NO. 6 ELEMENTARY SCHOOL
0.9 mile away

Middle School Near

HOBOKEN HIGH SCHOOL
0.6 mile away

High School Near

HOBOKEN HIGH SCHOOL
0.6 mile away

Demographics

Census at a Glance

The median age is
32
Years Old

Upgrade to see detailed census data

Is the neighborhood around this building filled with the post-college party crowd, overrun with young parents and strollers, or more senior-friendly? Is it a wealthier area, an up-and-coming neighborhood, or a bit on the grittier side?

The most common education level in this area is
Bachelor's Degree
Households with children are
5%
of all households in this area
The percent of people in this area who are married is
31%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
76°F
The average rainfall in this area is
46
inches annually
The average snow in this area is
26
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
mild
Risk of tornadoes
in this area is
mild
Risk of hailstorms
in this area is
low
Risk of windstorms
in this area is
high